Rpo LLC Buys Shares of 26,021 Lightwave Logic, Inc. (NASDAQ:LWLG)

Rpo LLC bought a new position in shares of Lightwave Logic, Inc. (NASDAQ:LWLG) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 26,021 shares of the company’s stock, valued at approximately $55,000.

A number of other institutional investors and hedge funds also recently modified their holdings of LWLG. Intech Investment Management LLC acquired a new position in Lightwave Logic during the third quarter valued at approximately $61,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Lightwave Logic by 9.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,031,361 shares of the company’s stock valued at $2,847,000 after buying an additional 90,609 shares during the period. State Street Corp increased its position in shares of Lightwave Logic by 2.6% in the 3rd quarter. State Street Corp now owns 2,683,519 shares of the company’s stock valued at $7,407,000 after buying an additional 68,056 shares in the last quarter. Barclays PLC raised its stake in Lightwave Logic by 283.9% during the 3rd quarter. Barclays PLC now owns 211,403 shares of the company’s stock worth $584,000 after buying an additional 156,333 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Lightwave Logic by 1.3% during the third quarter. Geode Capital Management LLC now owns 2,837,589 shares of the company’s stock worth $7,833,000 after acquiring an additional 37,169 shares in the last quarter. 27.04% of the stock is owned by institutional investors.

Lightwave Logic Trading Up 2.6 %

NASDAQ:LWLG opened at $1.00 on Thursday. Lightwave Logic, Inc. has a 1 year low of $0.95 and a 1 year high of $4.64. The stock has a 50-day moving average price of $1.40 and a two-hundred day moving average price of $2.25. The stock has a market cap of $124.80 million, a price-to-earnings ratio of -5.56 and a beta of 2.08.

Lightwave Logic (NASDAQ:LWLG) last issued its quarterly earnings data on Tuesday, March 18th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $0.02 million during the quarter. Lightwave Logic had a negative net margin of 19,416.81% and a negative return on equity of 61.49%.

Lightwave Logic Profile

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.